Mortgage

Buying or Refinancing a Home

Whether you are a first-time home buyer or a repeat buyer, the steps to buying a home can be complicated - that's why we're here to help. Our mortgage lenders have the experience and knowledge to guide you through the process and find the loan that is right for your specific needs.

Prequalification

Once you have made the decision to become a home owner, it's necessary for you to understand your credit history and how much you can afford, as well as other factors that play an important role in pre-qualifying for a home loan.

Loan Application

The first step is qualifying for a home loan and understanding the loan application. We originate loans for one to four-unit residential properties for new purchase or refinancing.

Types of Residential Mortgage Occupancy

Primary (owner-occupied) residence - dwelling where the owner actually lives and is considered as the legal residence for income tax purposes.

Vacation (secondary) residence - dwelling other than the owner's principal residence. It may be purchased to meet special family circumstances or work demands, or as a cottage or leisure residence, and is intended for occupancy by the owner.

Investment (non-owner occupied) property - one- to four-unit property that is not occupied by the owner.

Refinancing a Home

We are experts in mortgage refinancing and can help you determine if refinancing your mortgage could be beneficial. There are various reasons to refinance your home:

Lower the interest rate or payment

Shorten the term of your loan

Pay off your loan faster

Obtain cash from the equity in your home to remodel or consolidate debts